Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ChicagoConservative27

Why is the pension fund ailing? It’s a government run program.


23 posted on 08/04/2016 8:35:40 AM PDT by 1Old Pro
[ Post Reply | Private Reply | To 1 | View Replies ]


To: 1Old Pro

Chicago is probably the worst offender, but most pension funds will have issues because of the Fed drive to zero interest rates in support of ever higher deficits & increased borrowing.

Pension fund returns were based on a mix of corporate & gov’t bond returns averaging 5-6% and then stocks providing another couple % for a blended return of 7-8%. Safe basic widow & orphan investments that do not exist today


37 posted on 08/04/2016 9:55:00 AM PDT by zek157
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson